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Directors & Officers Insurance - Manhattan & Westchester County, NY, Fairfield County, CT & New Jersey

You work many long, hard days, flying out of town for afternoon meetings and sacrificing a lot to achieve the success you have. And in the spirit of giving back and sharing what you’ve achieved, you contribute a substantial amount of your time and money to non-profit organizations, including sitting on their boards as a voluntary member. Yet with this philanthropy you face certain exposures and are vulnerable to lawsuits as a board member. This financial risk can be mitigated with Directors & Officers (D&O) insurance, which we at A.J. Benet strongly advise be added to your insurance portfolio.

As a volunteer board member you can be held liable for the actions or inactions of the non-profit. And while the organization may carry insurance to cover its board members, they may be limited due to budgetary constraints from securing the type of insurance that is needed to properly insure you. The amount of coverage may be limited to cover the type of lawsuits and resulting judgments being awarded today.

Our not-for-profit D&O insurance will protect you against some of the more typical types of lawsuits brought against those organizations. This includes suits alleging mismanagement of operations or organization assets, self-dealing and conflicts of interest, acts beyond authority granted in by-laws, violation of certain state and federal laws and breach of fiduciary duties. D&O insurance can pay legal fees, financial settlements, damages, and some civil penalties if those are assessed. It may also cover investigative costs, depending on the policy.

Even your good deeds need insurance protection.

We invite you to give us a call at your convenience at (888) 639-4560, or if you prefer email us or return the form on this page and we’ll call you to set up an appointment to review your insurance program in detail and show you how we can serve your needs.

Since 1964, A.J. Benet has been serving residents in New York City, Pelham Manor, Pelham, New Rochelle, Larchmont, Mamaroneck, Harrison, Rye, Port Chester, Rye Brook, South Salem, Purchase, White Plains, Scarsdale, Eastchester, Bronxville, Armonk, Chappaqua, Briarcliff, Pound Ridge, Bedford, Mt. Kisco, and Katonah, New York; as well as in the Connecticut communities of Greenwich, Cos Cob, Riverside, Stamford, Darien, Rowayton, Fairfield, Westport, Southport, and New Canaan.